Dividend Declaration

Societatea Energetica Electrica S.A.

9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania

Phone: 021-208 59 99; Fax: 021-208 59 98

Fiscal Registration Certificate RO 13267221

J40/7425/2000

Share capital: 3.459.399.290 RON

www.electrica.ro

To: Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

Current report in compliance with the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 10 March 2017

Company name: Societatea Energetica Electrica S.A.

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant events to be reported:

Proposal to distribute gross dividend of 0.7415 RON per share for the year ended December 31, 2016

Societatea Energetica Electrica S.A (Electrica) hereby informs that following the meeting of 9 March 2017, its Board of Directors endorsed and submitted for approval to the Ordinary General Meeting of Shareholders (OGMS) to be held on 27 April 2017 (on the first calling) / 28 April 2017 (on the second calling), the proposal to distribute a gross dividend of RON 0.7415 per share for the year ended December 31, 2016.

According to provisions of Article 111, paragraph 2, letter a) of the Company Law No. 31/1990, republished, as subsequently amended, it falls within the ordinary general meeting of shareholders' competence to set the dividend.

Electrica will publish on its website the proposal for profit distribution for the year ended December 31, 2016.

CEO,

Dan Catalin STANCU